This book examines a number of the nations—Argentina, Bolivia, Mexico, Nicaragua, and Venezuela—in which the declines were far greater, ranging from -11.9 percent in Mexico to -27.0 percent in Bolivia.
Table of Contents
Introduction: The Economic and Political Costs of Austerity -- Austerity Under Different Political Regimes: The Case of Brazil -- Austerity Under Authoritarianism: The Neoconservative Revolution in Chile -- What Difference Does Regime Type Make? Economic Austerity Programs in Argentina -- Austerity Programs Under Conditions of Political Instability and Economic Depression: The Case of Bolivia -- Austerity, External Debt, and Capital Formation in Peru -- The Social and Economic Consequences of the National Austerity Program in Mexico -- Austerity Policies in Ecuador: Christian Democratic and Social Christian Versions of the Gospel -- Venezuela: Austerity and the Working Class in a Democratic Regime -- The Costs of Austerity in Nicaragua: The Worker-Peasant Alliance (1979-1987)
Howard Handelman, Werner Baer